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    I am @ News & Events » Events » Economic Strategies Committee Report Register  Login   03 Sep 2010    
 
 
 

Prime Minister Lee Hsien Loong announced the formation of the Economic Strategies Committee (ESC) in Parliament on 27 May 2009. The ESC will develop strategies for Singapore to build capabilities and maximise opportunities as a global city in a new world environment, so as to achieve sustained and inclusive growth.

Chaired by Mr Tharman Shanmugaratnam, the ESC comprises members drawn from Government, the labour movement and the private sector.

Since its formation, the Economic Strategies Committee has consulted a wide range of individuals and organisations. The committee has completed its consultations and announced its key recommendations on 1 Feb 2010.

 
 
Singaporeans gave high marks to the key recommendations by the Economic Strategies Committee
 
The survey found that the majority interviewed were positive towards the recommendations raised by the ESC, with 70% agreeing with the recommendations surveyed. The sentiments also largely reflected the feedback received via the other online channels.

 
 

 
Promoting Growth Through Skills and Innovation

The Economic Strategies Committee (ESC) released its key recommendations on 1 Feb 2010, aimed at achieving higher productivity growth of two to three per cent a year over the next 10 years. It noted that this would enable Singapore to achieve GDP growth of three to five per cent a year. Its main goal, to make skills, innovation and productivity the basis for sustaining Singapore’s economic growth.

 
Deepening Corporate Capabilities, Seizing Opportunities in Asia

The Economic Strategies Committee (ESC) has outlined broad measures to anchor Singapore as a Global-Asia Hub and build a vibrant and diverse corporate ecosystem to deepen its corporate capabilities so as to be well-positioned to seize global opportunities over the next 5 to 10 years.

 
Making Singapore a Distinctive Global City

The Economic Strategies Committee (ESC) has released its recommendations on strategies to develop land-scarce Singapore into a vibrant and distinctive global city that is open, diverse and an endearing home for its people.

 



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Singaporeans gave high marks to the key recommendations by the Economic Strategies Committee
 
Sub-Committee 1: Seizing Growth Opportunities
 
Sub-Committee 2: Developing A Vibrant SME Sector And Globally Competitive Local Companies
 
Sub-Committee 3: Attracting And Rooting Multi-National Corporations And Global SMEs
 
Sub-Committee 4: Growing Knowledge Capital
 
Sub-Committee 5: Making Singapore a Leading Global City
 
Sub-Committee 6: Fostering Inclusive Growth
 
Sub-Committee 7: Ensuring Energy Resilience and Sustainable Growth
 
Sub-Committee 8: Maximising Value from Land as a Scarce Resource
 
Press Release From the Economic Strategies Committee (ESC)
 
Economic Strategies Committee Key Recommendations
 
REACH perception survey
 
REACH Policy study workgroup on economic issues - findings & recommendations